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, that is not the way to do it. what we should do is what medicare did in 1965. it was a christmas tree in the beginning. that is how they got the legislation passed. after that, then they started putting restrictions. in fact, we must be doing a good job, because now everyone is -- scared that medicare pays so little because it is too stingy in its payment. we did put cost controls and later. medicare does have its financial problems. let me end by saying, i think the public option would have had the potential to control costs, because you could sell insurance, it would garner market share. that could allow for the consolidated purchasing power i talked about to reduce costs which would bring more buyers there. reading the newspapers, it does not look like we will have a public option. that would be the one way in which i could see a health care reform having potential for controlling costs. on a positive note, it is not about costs or dead. if we move towards universal coverage, we are going to be creating a system that will be more malleable to the changes we want to see with regard to cost containme
insurance plans pay under part d of medicare for prescription drugs. they are taking advantage of their purchasing power. and we're relying on private insurers committee are' competition in part d of medicare, it isn't as effective as the v.a. which does take advantage of its market power. let me just talk for a moment on a private insurance. we rely on private insurance here. it's for-profit insurance. i think it leads to much higher health care costs. private insurers, obviously by definition, they have to make a profit. in addition to that they engage in marketing, they also engage in what we call medical understood writing, they have to hire a lot of actuaries to make sure that they're not taking on people who are too expensive. these are all very costly things. so that raises the price of private insurance. in addition, as i said, they don't have as much bargaining power so they also can't keep their prices low by taking advantage of the consolidated power that i'm talking about. so you might ask, why do we allow private insurance to have quasi-monopoly and the answer is t
insurers competition for medicare, it is not as effective as the va which does take advantage of its buying power. for-profit insurance does lead to higher health-care costs. they have to make a profit. in addition, they engage in marketing. they also engage in medical underwriting they have to hire a lot of actuaries to make sure that they're not taking on people who are too expensive. these are all very costly things. it raises the price of private insurance. they do not have as much bargaining power so they can keep their prices low, like taking advantage of consolidated power. then why do we allow private insurers to have equality monopoly? there is no reason to think that savings would be transferred to the public. nonprofit insurance. -- what you really need is nonprofit insurance. let me just end with a few thoughts on how health care reform -- as you know, congress does very little to control health-care costs. that is probably a reasonable short-term strategy. the proposals do nothing to consolidate purchasing power. the caveat is the public auction. -- the public plan. they do wel
. that's why you should consider... an aarp medicare supplement insurance plan... insured by united healthcare insurance company. it can help cover some of what medicare doesn't... so you could save up to thousands of dollars... in out-of-pocket expenses. call now for this free information kit... and medicare guide. if you're turning 65 or you're already on medicare, you should know about this card; it's the only one of its kind... that carries the aarp name -- see if it's right for you. you choose your doctor. you choose your hospital. there are no networks and no referrals needed. help protect yourself from some of what medicare doesn't cover. save up to thousands of dollars... on potential out-of-pocket expenses... with an aarp medicare supplement insurance plan... insured by united healthcare insurance company. call now for your free information kit... and medicare guide and find out... how you could start saving. >>> in the long sweep of american history, there are moments for each elected public official to step aside and let someone else step up. this is my moment to step asi
. in 2002 under the employee initiative the centers for medicare and medicaid services began publicly reporting quality information on nursing-home nationally on their web site. this was followed a year later by a similar effort in the home health arena. simultaneously there have been demonstration products by medicare in home house and skilled nursing facilities. state medicaid agencies have begun experimenting with a for performance in the nursing-home setting. the question is how these current market-based reforms address these broad goals of long-term care. in theory these reforms are perfectly compatible with these goals of improving quality of life and reducing fragmentation and increasing community-based services but there are several key attributes of these market-based reforms that may limit their effectiveness in this regard. the first limitation is current market-based reforms tend to rely on narrowly defined clinical quality measures. this tends to reinforce a medical model of care which pays more attention to clinical quality than issues related to quality of life and a c
upfront? all the other states lose medicare vantage within five years, but florida is to keep it? why? these have to be dropped. with all respect to senator reid who says he cannot pass health care without these deals, then he is going nowhere. house members are disappointed, like the american people. there are two things to watch. legislation being made and sausage. -- there are two things you do not want to watch. this should stand on its merit. michigan was one of the first it's economically. -- one of worst states economically. let's pass this on policy. i always thought they would do a trigger. no greater than the rate of inflation, if it goes, trigger a public option. that is one when they talk about a compromise. that makes sense. this the one this side of the room. -- let's go to this side of the room. [inaudible] but it could all be for naught. congress starts january 2011 and said they disagree with health care. they could get rid of it. every congress has a right to review it. congress has been talking about this since teddy roosevelt first proposed a 100 years ago. for us
on the republican line. caller: thank you for taking my call. the so-called reduction in medicare -- is this information or misinformation? are they really going to reduce the amount of money in medicare to pay for this plan? also, the public option. how come they do not want to fight for that? it seems to me that it would be a good way to go. if people are insuring -- purchasing insurance, they are responsible for reading the policy and numbing their coverage. it is just like taking out a loan. if you sign on the dotted line, you are responsible because it is a contract. i think republicans are just fear-mongering, trying to kill the bill simply because of the input of lobbyists. host: thank you for the call. guest: public comment on the medicare question. the pieces in the legislation that would reduce cost under medicare are comprised of a number of components that have been discussed by legislative advisory commissions in the past, such as the medicare advisory council, which advises congress on issues of payment in medicare. issues have also been raised by the congressional b
making more than $200,000, and couples making $250,000 would pay more in medicare taxes. and then in the house's version, couples making more than $1 million would get a 5.4% surtax on their adjusted gross income. >>> about 100 people gathered just outside the white house yesterday to protest against iran's government. it demanded human rights and democracy and free press for iran. the group said they wanted obama to take action to end the violence there. >>> and our reza sayah has more. >> two new items to show you on the iran desk. first of all, amateur video posted. remember, some of the video clips are being posted after the demonstrations, because the government blocked internet access or slowed it down. this shows a protester climbing up a light post and ripping down a banner bearing the picture of a leader. and rarely have we aired comments from the protesters themselves because of the media crackdown in iran, and also because a lot of the people are scared. they are convinced iranian intelligence agents are watching them and listening to them. on sunday night we
that passed, there was a massive savings expected in medicare i believe estimated 5 billion over the first few years and $1 trillion over the first 10 years of full implementation and 3 trillion over 20 years of implementation. that was transferred from the medicare savings are used to expand the other activity of the government's, specifically the expansion of medicaid and the new entitlement that was in the bill. if those dollars were used which were saved for medicare to shore up medicare and in some manner manner, in a medicare reserve fund to pay down debt, could you give us a thumbnail estimate how much that might help correct the structural problems that we have? >> i cannot do quantitative acquisition in my head by you're watching is correct that we estimated almost 500 billion in medicare savings over the 10 year projection point*. and over time if they not separately quantify. >> let me combine a question come if you did not use it to expand the government but instead to shore up the medicare system by reducing fed debt wouldn't that have a significant positive the event for medicare
. these are some of the hearings we have had. you're going to hear about the medicare advantage. we did nursing home standards and passed the law 25 years ago and have never had a hearing on that. long-term care insurance, are consumers protected? june 16th, termination of individual health insurance policies. if you are buying an individual family policy eiffel application, right? we had two hearings on this. when you fill up the insurance policy, most companies have about 1400 different codes. you go to the local drugstore in the fill up the prescription. if you trigger a code that will review your policy because with that code triggered might be very expensive medical treatment might be facing in the future and therefore they will jump you -- dump you. for instance, one family as they were filling out the form the told him to put out he was 180 pounds but he was really 250 pounds. they dumped him and said he lied on his application. when it terminated from your health insurance policy, who do you appeal to? the company that just the end user you do not have a repeal rights. -- the company th
, medicare and otherwise, being asked to pay for that additional -- setting aside something that unionized workers will not have to face for an additional five years? >> i think some of the revenue questions are obviously part of the discussions that are ongoing. the president has made a commitment that he will keep to ensure that this legislation is fully paid for. again, it is something that is a little different that is going on in washington these days. this is a proposal that will be scored and it will be rendered a judgment as to the fact that the president will pay for every ççdime in this bill. the compensated for in taxes for additional medicare savings? >> again, i think some of the discussions are ongoing. >> on healthcare, the last month or six weeks you all have proceeded with no republican support, no republican negotiations as far as anyone can tell, 60-40 votes. and it looked like you were on the glide path to passing it in the senate's with democratic- only boats. you now faced the prospect in çmassachusettsç of possibly needing a republican vote. is there some reg
chair that could improve your mobility and your life. one medicare benefit that, with private insurance, may entitle you to pay little to nothing to own it. one company that can make it all happen... your power chair will be paid in full. the scooter store. hi i'm dan weston. we're experts at getting you the scooter or power chair you need. in fact, if we pre-qualify you for medicare reimbursement and medicare denies your claim, we'll give you your new power chair or scooter free. i didn't pay a penny out of pocket for my power chair. with help from the scooter store, medicare and my insurance covered it all. call the scooter store for free information today. call the number on your screen for free information. >>> now for our question of the week. last sunday i asked you whether the uproar over the attempted airplane bombing on christmas day, the new security rules, the intelligence reviews, the partisan fighting amounted to an overreaction? i told you my opinion that it was an overreaction and i thought you would take me to task for that. but i was wrong. more than 3/4 of you agreed w
to resolve their differences between the house and the senate version of the medicare reform legislation that provided prescription drug benefits for medicare recipients. a very important piece of legislation, one that was not without some controversy, the house passed a version, the senate passed a version, and then in the light of day these two versions were negotiated on these days, the american people got to see the discussions that went on and got to see this bill being crafted that eventually became law. if the democrats weren't engaging in these backroom deal making deals, i don't think they'd mind the lights being turned on but the problem is they're cutting deals and the reason they're having to cut deals is because they're trying to pats a -- pass a piece of legislation that the american people don't embrace. many of us agree that health care needs to be reformed. and my colleagues on my side of the aisle, republicans and conservatives, have been offering some commonsense ideas that could reform the current system without turning over the health care to the government, without
their homes. there is a medicare benefit that may qualify you for a new power chair or scooter at little or no cost to you. imagine... one scooter or power chair that could improve your mobility and your life. one medicare benefit that, with private insurance, may entitle you to pay little to nothing to own it. one company that can make it all happen ... your power chair will be paid in full. the scooter store. hi i'm doug harrison. we're experts at getting you the power chair or scooter you need. in fact, if we qualify you for medicare reimbursement and medicare denies your claim, we'll give you your new power chair or scooter free. i didn't pay a penny out of pocket for my power chair. with help from the scooter store, medicare and my insurance covered it all. call the scooter store for free information today. ussade. >>> as you have been witnessing right along was here on cnn, there is so much destruction and so many lives lost under the rubble, but search and rescue teams are on the ground there, and they are hard at work. listen to this. [ applause ] well, that man is a security off
consider... an aarp medicare supplement insurance plan... insured by united healthcare insurance company. it can help cover some of what medicare doesn't... so you could save up to thousands of dollars... in out-of-pocket expenses. call now for this free information kit... and medicare guide. if you're turning 65 or you're already on medicare, you should know about this card; it's the only one of its kind... that carries the aarp name -- see if it's right for you. you choose your doctor. you choose your hospital. there are no networks and no referrals needed. help protect yourself from some of what medicare doesn't cover. save up to thousands of dollars... on potential out-of-pocket expenses... with an aarp medicare supplement insurance plan... insured by united healthcare insurance company. call now for your free information kit... and medicare guide and find out... how you could start saving. da >>> good morning, folks. welcome back to "squawk on the street." i'm matt nesto checking all kinds of movers. check out worthington industries, used to call it worthington steel. the stock is u
the country. so whether you work for yourself, you're employed, retired, or medicare-eligible, call now for free information. and get what you need to make health care decisions... that work for you. you don't even have to be an aarp member to call. all you have to do is be yourself. and, if you have any questions about medicare, call today and get your free copy of "medicare made clear," by unitedhealth educational publishing group. it will help you better understand all your choices. so don't wait. call today for your free guide. >>> just a few minutes ago president obama said that one of the largest relief efforts in our recent history is moving now towards haiti. and it's a combination not only of governments responding but also thousands of private relief workers. they are also rushing into haiti to try and help boost the rescue efforts. on the ground right now, aid workers are essentially turning pickup trucks into ambulances, doors into stretchers, and survivors, of course, are frantically searching for food, water and shelter. we are joined now by edward lezag of compassion inte
... to help you stay well. if you're on medicare part d, schedule a free one-on-one plan review session... with your walgreens pharmacist. they'll review all your medications... no matter where they're from... and help you get the most from your plan. so you can relax and enjoy all your benefits. walgreens. there's a way to stay well. >>> identical twins in florida or born on different days and actually in different decades. >> i turned to her and her husband and said, you want them to have the same birthday or do you want them to have different birth dates? >> they will have different parties. >> doctors delivered the first baby by c section just before midnight december 31 and the other baby arrived moments after the clock struck 12:00. the babies will be going home in the next eight weeks. great story. cold around here. >> breezy and cold. arctic air for the weekend. >> breezy and cold. arctic air for the weekend.
, it leaves things untouched like social security, healthcare spending under medicare and medicaid. all spending -- halt spending on wars, aid to veteran, homeland security and foreign aid. all else in theory is on the table, 17% of the budget. the campaign, mr. obama rejected this very idea. >> the problem with the spending freeze is you are using a hatchet where you need a scalpel. >> reporter: fast forward and john mccain had the last laugh. >> thank you for taking me back down memory lane. [ laughter ] but i think that the president understands now how serious this problem is. and it requires hatchets and scalpel scalpels. >> reporter: the white house briefed democrats last night on the spending freeze proposal and didn't offer a lot of details. until they do, majority leader harry reid and nancy pelosi, are non-committal. >> glenn: major, thank you. home prices rose for the sixth straight month in november. standard & poor's case-shiller index reports the biggest gains were in phoenix and san francisco. the biggest declines were in new york and chicago. consumer confidence is up by
affairs, homeland security, and foreign aid. it also would not apply to social security or medicare, medicaid, programs which are expected to account for 59% of federal spending this year. this freeze could apply to pretty much anything else from farm subsidies to transportation, to national parks. but the white house reports nobody is going to just start cutting stuff as they put it willy-nilly. >> the president will cut programs that are duplicative or serve what he believes is no important purpose. >> shepard: well, the white house says this freeze could save 10 to $15 billion next year. a little perspective? that's roughly 1% of next year's projected deficit. the freeze proposal brought a blunt response from the office of the house minority leader. congressman john boehner spokesman releasing a statement that reads: give washington democrats unprecedented spending bing, this is like announcing that you you're going on a diet after winning a pie-eating contest. for that matter, some democrats don't seem too enthusiastic either. major garrett is our senior white house corresponde
as to what's going to happen to the medicare advantage program. there are deals being made, as i understand, that are not going to have a program with the medicare advantage program. people are not being told what's going on, and that's the biggest concern. not knowing. the seniors have always had a bright outlook on our government, and i think that that is changing -- or has changed in this last two years because of the fact that we have people going behind closed doors, governor -- i mean pelosi, reid and obama, if they lived in the state of wisconsin, where we have what's called an open meeting law, they would be sued so fast they would not know what happened to them. i am so disappointed, along with my friends and neighbor s. i live -- i have a medicare advantage plan, and it's network health insurance. they are located in menash, wisconsin, in my back yard. they have taken care of their clientele, they're interested in our health issues. now, aarp is affiliated with united health, they are one of the biggest insurance companies in the united states. isn't it interesting, united health
're on medicare, the cost of your diabetes testing supplies as well as your prescription drugs may be covered. liberty takes care of all the paperwork with medicare and sends the prescription forms directly to your doctor for approval. then, on your schedule, packs up this box and sends it right to your door with no charge for shipping. and liberty assures you have everything you need to manage your diabetes, including most brand name meters. call now and we'll send you a free meter. plus, a free cookbook when you join. call liberty. they can help you live a better life. call the number on your screen. >>> in an hour, casey anthony will be in a courtroom. she is charged with the death of her 2-year-old daughter caylee. today's hearing deals with unrelated check fraud charges. during the time in 2008 when police were searching for young caylee, anthony is accused of stealing hundreds of dollars from her friend to buy clothes and groceries and to pay her phone bill. caylee's remains were found in december 2008. it's not clear what's going to happen at today's hearing. a trial was supposed to st
in washington on massachusetts. cutting half a trillion dollars from medicare you're going to look at longer lines, lesser coverage. we know we need to reform pricing as a member going to be doing very shortly. but do you think were going to have a one-size-fits-all plan in congress is going to come down here in massachusetts and hurt what we have here at that's one of the differences between martha coakley and i peered were talking about a trillion dollar health care plan, have a trillion dollars of medicare cuts at a time when we just don't need it. i would propose actually going and allowing the state to do it individually with a government incentive i senate. very similar to what he did here. we can actually export out and show them how to do it. i'm looking for to having the opportunity to be the 41st about and make sure that we get that plan back to the drawing board. >> ms. coakley? >> thank you, david. thanks for hosting us this evening. how would be proud to be the 60th vote to make sure we get health care reform that we so badly need. we've taken a major massachusetts and getting e
are, elderly, or late middle-aged because of the pattern of our wars. most will qualify for medicare anyway. the va has excess capacity. it soon will have a whole lot more excess capacity. as the last the world war ii generation and korea war pass along. . . dicare is about two-thirds. so this is a triple winner. open up the va to the vets who can use the medicare entitlement not only that, open >> let them buy into the system. does not only makes clinical sense, an 80 year-old veterans, they're both going to have to learn to take care of each other, but it makes financial sense because every person you get off medicare into the va, you save may be about a third. and patient satisfaction is incredibly high. so that's my case. for what we've got to do, not just about agent orange situation, but getting our veterans ride in general. thank you. [applause] >> well, thank you everyone for your remarks. i want to open it up to questions from the audience. at first i just want to ask a few myself. and the first is, that it seems like both in vietnam and in the united states, this is sort of
middle-age because the pattern of the war. most are going to qualify for medicare any way. the va has excess capacity. soon it's going to have a lot more excess capacity. it is less the world war ii generation and the korean war passalong. it's also been a winning for a decade now has literally offering the best care anywhere on metrics ranging from patient satisfaction to the use of information technology, evidence based medicine. anybody remotely acquainted with the quality of literature on health care the last decade would know the va has the best care anywhere. also, although it is hard to get a card number it appears the cost per patient as compared to medicare is about two-thirds. so this is a triple winner. open up the va to the vets who can use the medicare entitlement not only that, open it up to their wives, let them buy into the system. this now makes clinical sense but 8-year-old veteran scott more bdy with their wife, they have to take care of their tether to the coverage of the buttocks sense because every person of medicare and to the va you have saved about one third a
is the good news -- compared to medicare, social security is in reasonably good shape, with a relatively small adjustments, you can have a solvent for a long time to the social security is going to be there. i know people are concerned about it. social security we can fix. in terms of the cola, which stands for cost-of-living allowance -- it is put in place to make sure that social security is keeping up with inflation. here is the problem -- this past year, because of the severity of the recession, we did on that inflation, we had deflation. -- we did not have inflation, we had deflationary prices actually fell last year. as a consequence, seniors were not eligible for a cost-of- living adjustment because prices did not go up in the aggregate. that does not mean that individual folks were not being pinched by higher heating prices or what have you, but on average, prices went down. here is what we did -- working with these key members of congress here, we did vote to provide aid to order to the dollar -- provide the $250 one- time payment to seniors, which when he factored in, amounted to 1.8
around their homes. there is a medicare benefit that may qualify you for a new power chair or scooter at little or no cost to you. imagine... one scooter or power chair that could improve your mobility and your life. one medicare benefit that, with private insurance, may entitle you to pay little to nothing to own it. one company that can make it all happen ... your power chair will be paid in full. the scooter store. hi i'm doug harrison. we're experts at getting you the power chair or >>> straight to the president of the united states now. he's talking about haiti. >> -- haiti, so the american people are fully up to date on our efforts there. this morning i spoke with president preval of haiti, who has been in regular contact with our ambassador on the ground. i expressed to president preval my deepest condolences for the people of haiti and our strong support for the relief efforts that are under way. like so many haitians, president preval himself has lost his home, and his government is working under extraordinarily difficult conditions. many communications are down and remain un
. >> yes, what does is across the board spending freeze, which includes the defense department, medicare, medicaid. i mean, those are the things, if you're willing to do it across the board, then i think it makes sense. the question is folks voting for an across the board freeze, i doubt it. would you vote -- >> he favors this decifit panel to monitor federal spending but that's not going to go into effect conveniently until after the election, until he -- so he has all this time to spend. >> all government -- are you in favor of an all-government freeze or not? if you're -- this is wonderful. okay, fine, medicare and medicaid, want to make sure we've got that in the record. >> he needs to stop spending. >> i just want to makure you're on the record. martha: we've got andrea on the record, across the board freezing freeze. you've got important ideas and i appreciate you talking with them about this this morning. gregg: you may recall candidate obama ridiculed a guy named john mccain when he proposed a spending freeze. we're going to talk about that in the next hour. >>> new research on o
. they were so helpful and nice. they filed all the paperwork, and medicare and my insurance covered the cost. we can work directly with medicare or with your insurance company. we can even help with financing. if there's a way, we'll find it! so don't wait any longer, call the scooter store today. >>> president obama is getting ready for a big statement on the attempted bombing christmas day. he could have harsh things to say about where the ball was dropped. what security experts are saying about what let that suspect on the plane. >>> five straight days of frigid temperatures and record snow. long delays at airports. find out where things could get worse before they get better. >> the search intensifies for an 8-month-old baby from arizona whose mother says she gave him away to people in a park in san antonio. police are issuing a plea and promise. hi, everybody. still waiting to hear the president speak. that is coming up soon. i'm chuck roberts. a story just in. a vehicle under water in north carolina. pictures coming in from wtvd in tarboro, north carolina. the vehicle is under water. i
in congress when president bush and the republicans pushed the medicare prescription drug benefit earlier in the off. and it's not happening now in the way it should have been. healthcare reform about tarp, about the stimulus spending. about the second stimulus spending which is ten minutes away from coming into view. but it is happening. one of the things that is heartening about the past year's political shenanigans, economic shenanigans, all of this stuff is generally unpopular among the people in america. politicians don't get it, but they are the lagging indicator of where the country is at. stimulus was not popular. healthcare reform such as it is not popular. >> nick is absolutely right. absolutely right. this plas believes in the freedom from -- this administration believes in the freedom from. america tradition libl believed of freedom to. freedom to do things as individual. this administration wants the freedom from all kind of thing s. >> if they want to spend $160 billion. is it conceivable that a country would demand security for the $160 billion? might chinese say give us mo
to understand your meter. if you're over 65, have diabetes and are on medicare, call now and we'll send you a free meter. it offers alternate site testing, so you can test on your arm. no more pricking your fingers. so it's less painful. it makes a big difference. and to make it even less painful, the cost of your diabetes testing supplies may be covered by medicare. join over a million others who have chosen liberty medical. call now and get your free meter. plus, for a limited time, get a free cookbook when you join. call the number on your screen. jamie: an update now, do you remember the dramatic video, show down near the bottom of the world we told you about this week? the anti-whaling boat that collided with the japan news whaler? has sunk. it happened that's vessel was being towed toward the antarctica coast and the bow of the boat steered off in the collision and you can see it here with a half dozen environmental activists aboard and some of the tactics in question and none of the activists were hurt but the larger ship suffered no significant damage and both sides blame the other
but i'm certainly not in favor of higher taxes, cutting medicare half a trillion, affecting medical coverage for veterans and basically having a one size fits all. so i know what i don't want. now i'm looking forwarding to reading the bills and coming up with a plan because if it's something the president feels is important, i'm certainly willing to look at it. >> brown also met today with senator john mccain of arizona. fellow republican mccain, the 2008 presidential nominee. he was an early backer of brown early this year endorsing him in his campaign bid and mccain praised the new senator. take a listen. >> senator brown represents, i think, the dreams and the hopes and the frustrations that americans feel today, and they want the kind of leadership that the commonwealth of massachusetts just sent us. i'm pleased to have been an early supporter, even though a bit foolish at the time. i am very proud of his success. he won his campaign because of who he is, primarily, first of all, the individual that he is that knows how to communicate with the people of his state. >> that's just
there may be, for example, this medicare sub sid y, i think doesn't make sense. let me tell you another place where i'd like to look for some savings. we're currently spending $10 billion a month in iraq, when they have a $79 billion surplus. it seems to me that if we're going to be strong at home as well as strong abroad, we've got to look at bringing that war to a close. >> and in another largely symbolic move, the administration confirming the president will announce a salary freeze tomorrow night for senior white house officials and top political appointees. let's bring in, as promised, university of california at berkeley, and former secretary of labor, robert reich, also the author of "supercapitalism" now out in paperback. thanks again for your time, sir. >> good evening, keith. >> as you understand this idea, economically, what is it supposed to achieve and will it achieve that? >> well, i don't know. that's a very, have good question. if the economy were at full capacity, if everybody had a job, if we were worried about inflation, maybe just the economy overheating, maybe then
's the clinic in glendale, arizona that will no longer accept medicare patients. the other clinics will continue to do so. we're happy to get that message out. i don't know if monica crowley's ashearings of popo -- i was dis >>> in virginia, your talking points are right on. we are reacting to terror rather than being on the offensive. from wisconsin, i know these judges who are lenient with child sexual predators are driving you crazy. maybe they sympathize with them. their actions speak louder than any words. it doesn't matter why judge brown in massachusetts gave an accused child rapist $10,000 bail. that doesn't matter. the judge did it and now the man is charged with raping a three-year-old girl. he should be impeached immediately. that's all that matters. actions. dave miller, benefitwood, california, the judge is disgusting. valerie, caramel, indiana, i admire how "the factor" team is confronting these judges. keep up the good work. jim, in ohio, i'm just 16, but could beat martha macallum in the news quiz. she won't like that. mark, pennsylvania. please hire the mexican weather lady to f
about... ...leave nothing to chance. travelers. insurance for auto, home, and business. medicare. it doesn't cover everything. and what it doesn't cover can cost you some money. >>> tonight haiti is obviously still in chaos. again, a full nine days after the earthquake, aide worker suzy crabaker, charity mercy and sharing, ran the abandoned baby unit at the government hospital in port-au-prince. before the quake she had, she tells us she had 32 children in her care and says tonight she still does not know where they are or if they are okay. i spoke with her earlier. listen. >> we've been running the abandoned baby unit inside the government hospital for 15 years. we haven't been able to locate where they've been moved to. we've been told over and over we've been going into the hospital speaking to administration at the hospital and they keep sending us away saying they're okay, they're okay. i can't really accept that. i need to see if they are okay. i need to see that. if they're not then i need to know if they've been buried. we've already buried three of our students. we've bu
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are entitlements. our budget is locked down with social security and medicare and medicaid bills that are unsustainable. if you try to solve these problems, the power of special- interest groups who are against whatever solution you put on the table has gone exponentially greater. can you imagine right in the united states constitution in today's environment -- can you imagine writing the united states constitution in today's environment? the power of money on the ability to find consensus on the hard things has gotten greater. i am not true that is going to hard decisions. i worry about this decision. >> we could not have gone the constitution if it had been negotiated on c-span. >> corporations do not want to be hated, for the most part. they have many ways to pour more money into the political process if they wanted to and they have chosen not to. to cross that line and suddenly decide that, as a corporation, i want to defeat lindsay gramm of north carolina and those corporations are in sentences co, boston, and new york city, that is -- are in san francisco, boston, and in ne
and nice. they filed all the paperwork, and medicare and my insurance covered the cost. we can work directly with medicare or with your insurance company. we can even help with financing. if there's a way, we'll find it! so don't wait any longer, call the scooter store today. jon: we are just about 20 hours into this terrible catastrophe that's hit haiti. a magnitude 7.0 earthquake that slammed that island about 5:00 p.m. yesterday. the president's pal lashs the main prison, the cathedral, hospitals, schools, thousands of homes all severely damaged, even flattened. untold numbers of people are trapped. we're told that the president is quoted as saying he thinks there may be 100,000 people dead. his prime minister is quoted saying he thinks it could be half a million in a nation of nine million people. it is the worst event to hit haiti in terms of natural disasters in 200 years. but it is an island no stranger to such things like hurricanes the past few years. that makes life even more difficult in one of the poorest countries in the world. let's go to brian wilson live in washingto
entitlement programs like medicare and medicaid. but a lot of people very concerned about these cuts, about these freezes. we've heard from democrats as well as republicans. we've even heard from some economists as well is a controversial idea. the former labor secretary under president clinton, robert reich, said now is not the time to freeze spending. i want you to take a listen. >> i don't think it makes much sense, larry, and i'll tell you why. the government under the circumstances we now face is the purchaser of last resort. consumers are not buying. they're still scared for good reason. businesses are not investing very much. they don't want to invest if there are not consumers out there so government has got to spend. this is something a lot of people have difficulty understanding. >> tony, some republicans are saying these freezes are not enough. it doesn't deal with medicare or medicaid or social security, those big entitlement programs, not far enough. some democrats are saying, look, they're quite worried about social programs that would be cut, whether it's education or health
in the future. >> will they be going up? christine's got your business for you this morning. medicare. it doesn't cover everything. ♪ >>> 20 minutes after the hour, that means it's time for "minding your business." >> christine romans is here, and hopefully we'll start off 2010 on a positive note for business stories. yes or no, or am i dreaming? >> yes, we started off 2010 with ben bernanke on the front page of every american business newspaper this morning, he had what i'd like to call the super bowl of economics conferences in atlanta yesterday where he was defending the fed's rollover the past few years since the beginning of the decade, saying low interest rates was not the big cause of this housing bubble. something many critics in congress and some economists have said for some time, that ben bernanke and his friends at the fed kept interest rates way too low and that pumped money through the economy and that blew up the housing bubble. ben bernanke brought this slide himself at this conference yesterday, so if you missed it, this is what it is. this is what interest rates look like, t
-- two chunks of the stimulus, huge chunks going to medicare and medicaid, obviously, and to tax relief. when you look at medicare, is that not money going to the states as well? >> reporter: yes. the medicaid -- as you know, medicaid is a split between the federal government and the states. >> absolutely. >> reporter: for example, in new york state, normally new york state pays 50 cents on the dollar. thanks to the stimulus, new york state now is paying less, 8 cents of all the dollars spent on medicaid in new york is stimulus money so it's 58 cents, 8 plus 50 that's now coming from the federal government. that's a big savings for new york state and that's saving jobs in new york state. >> and clear this up for me. the other huge chunk of that graph that you put up for everyone was tax relief. is that to individuals and corporations? break that out for me, if you would. >> reporter: right. we've had, as you know, the cash for clunkers. >> yes. >> reporter: the incentives for first-time home buyers, a lot of help to the middle class. yeah, a lot of that is going for individuals over the
access to health care. i am 67 years old, on medicare select. after the first of the year michael fay went up substantially, even though my primary source of income, social security, was stagnant. they're going backwards. host: thank you for their -- thank you for the call. more from "the baltimore sun." "democrats are able to omit time consuming steps in the senate and prevent republicans from trying to delay the final negotiations. under senate rules, three separate votes are required before negotiators for the two houses may hold a formal meeting. while the three normally are agreed to within seconds, each may be filibustered, and democrats would then have to produce 60 votes to cut off debate. additionally, republicans would have the right to demand votes on nine -- non-bindingñr proposs wants negotiators for the two houses were appointed. that could, in turn, required democrats to vote on political controversies such as wiping out the legislation proposed cuts in medicare, which easily be turned into attack ads in next fall's campaign." bill, good morning. caller: good morning,
. a moment ago, he said hypothetical more fun. i am thinking about social security and medicare. when they first started social security, there were about 35 workers per retired person. now it is 3-1 or so. why is not social security and medicare tied to productivity? the average worker is giving the amount of work of 30 people. is there not a way that social security could be based on productivity and there is a corporate tax on corporate -- productivity? i know it seems like i am thaksin productivity, but is there not a way that we could connect productivity to this? that is my reason for calling. guest: give him a seat on the bipartisan commission. that is interesting idea. i will address the question of social security and productivity. social security has always been seen as a pension plan. when productivity goes up, and means that workers produce more per hour, and therefore, they earn higher salaries. then their salaries go up and the formulas that determine their benefits also go up. that is one of the issues we have with social security. as long as there is a link between how
's where i get my prescription drugs as well. see if you're on medicare, the cost of your diabetes testing supplies as well as your prescription drugs may be covered. liberty takes care of all the paperwork with medicare and sends the prescription forms directly to your doctor for approval. then, on your schedule, packs up this box and sends it right to your door with no charge for shipping. and liberty assures you have everything you need to manage your diabetes, including most brand name meters. call now and we'll send you a free meter. plus, a free cookbook when you join. call liberty. they can help you live a better life. call the number on your screen. >>> one of the world's health west hedge fund managers sees trouble in chinaa. billionaire short seller jim chanos calls beijing's economy hyperstimulated on and the verm of a complete meltdown. he goes on to describe its real estate sector, quote, a thousand times worse than dubai. pretty strong words from this preeminent investor, but don't tell that to manufacturing giant hayer. we are very pleased to welcome haie, r american chairma
the freeze does not extend, biggest budget busters that is medicare and medicaid and social security. i'm not so sure how exactly effective it's going to be. >> julie: will it help the economy more, reducing deficits or debt or greater government spending? >> well, that definitely depends on who you talk to. i think that the deficit and debt are a huge cost to us. we have to reduce government second. best way to create jobs has been proven again and again is to cut taxes. >> julie: in the state of the union address, president obama talked about spending some $30 million, $30 billion, rather, in incentives including tax breaks. he put a lot of emphasis on the private sector. if you put money in small businesses, they can hire and reduce the unemployment rate. is that where the focus needs to be in 2010, in private small businesses? >> small businesses is the biggest creators of jobs, period. if you cut their taxes, generally they will hire. some critics say this money would basically be going only to people who are going to hire anyway and they'll be getting a tax credit for it. again it
of the budget, but he chooses not to at this point, and why? because it's medicaid, because it's medicare, because it's social security, because it's the defense budget in a time where people feel that the nation's security is paramount obviously. so, these are not areas where you really can cut politically, nor does the president particularly want to. so, you know, that leaves a very small amount of the budget. everybody knows -- and you probably more than most people even here in washington -- is that what's causing this deficit to go up are these entitlement programs. >> yes. >> and president after president has failed to kind of grab ahold of that. >> all right, candy, we'll be talking to you hopefully every day. we'll have state of the union on wednesday night and we'll have full coverage of that on cnn. our senior political correspondent, candy crowley, talking to us about these poll numbers. you can go to cnn.co lot of information about that polling. >>> we'll talk to christine roamens now, i believe. christine is my co-host on "your $$$$$." we'll show you a picture of christine ro
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